Michigan Grand Rapids Liquor Store Business and Property for Sale
“Priced to Sell”
$650,000 Plus Merchandise Inventory for Michigan Grand Rapids Liquor Store Business Only. Property available for additional $500,000. $130,000 Average Merchandise Sales per month with higher margins. Brand new equipment, newly installed 30-door walk-in cooler with beer cave, new LED lighting and floors. Kitchen available with Pizza oven, hood and other food preparation equipment that can be serviced and operated for additional income. High foot and car traffic bring business all day. Grand Rapids is the 2nd largest city in Michigan having a great economy that is increasing and in demand of liquor stores. There are housing shortages in the area. Downtown area is undergoing many projects that will positively affect the economy. Established business with consistent and increasing revenues. Lot’s of Potentials for increasing sales such as extending hours, adding coffee area, money orders, cell phones, and bill pay. Additional income from lottery (60k/year) and check cashing services (2-3000 per month). Expanding current check cashing services will be a plus. Seller Motivated and will Make Deal with Right Buyer and the Right Down Payment. Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for More information and showings or visit us online.
- SG Number: SG 5503
- Business Type: Liquor Store
- Listing Name: SG 5503 Michigan Grand Rapids Liquor Store
- Listing Price: $650,000 Plus Inventory for Business only. Property for additional $500,000.
- Down Payment: Negotiable
- Proposed Seller Financing Availability: Seller to assist with financing
- Inventory Value: $200,000 +/-
- Annual Gross Sales: Over $1,650,000
- Annual Owner Profits: Over $290,000
- Monthly Rent/Mortgage Payment: $6,000
- Seller Competition: Seller to Sign a Non-compete Agreement
- Years Seller has Owned/Operated Business: Seller since 2011. Established in 2000
- Owner Qualifications: Experience Needed but not Required
- Reason for Selling: To focus on other business interests
- # of Employees/Management: 1 M 2 FT 2 PT
- Mon – Sat 9:30 AM to 11 PM, Sun 11 AM to 8 PM
- Building Size/Type: 3,000 sq. ft. Stand alone building
- Training Provided: 2 Weeks training at no cost to Buyer
- State: Michigan
- Country: U.S.A.